RECOMMENDED that
1) funding of the shortfall in the Asbestos Removal Capital contract budget 2009/10 in the sum of up to £120,000 be approved;
2) up to £175,000 additional Capital funding for Asbestos Removal for the years 2010/11 and 2011/12 be approved;
3) funding from the Housing Revenue Account for the cost of borrowing for the above bids estimated at £15,500 for 2010/11 and £28,000 for 2011/12 be approved; and
RESOLVED that, subject to the Council’s approval of the budgetary implications, as specified separately above, and consequent adjustment of the Capital Programme
4) approval be given to incur up to the expenditure detailed in 1 and 2 above for the purposes detailed in the report, in accordance with Standing Order 41; and
5) Officers review the procurement of the contract for the removal of asbestos.
(Officers were requested to include a detailed update on asbestos removal as a separate appendix to the forthcoming half-yearly report on the Housing Capital Programme)